Reed vs. King Group #4 Cathy SchukaR Miguel hidalgo Gary Chen

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Presentation transcript:

Reed vs. King Group #4 Cathy SchukaR Miguel hidalgo Gary Chen Kelly Adam Vera Barinov

Facts Dorris Reed bought a house from Robert King for $76,000. A woman and her four children had been murdered in the house that Reed bought ten years earlier. King and his real estate agent knew of this and allegedly knew that the event had materially affected the market value of the house.

Facts King and his real estate agent said nothing to Reed about the murders and King asked a neighbor not to inform King of them. After the sale, neighbors told Reed of the murders and informed her that the house was consequently worth only $65,000. Reed brought action against King and his real estate agent, alleging fraud and seeking rescission and damages.

Facts The complaint was dismissed. Reed appealed.

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